Chinese Tarim oil field output up 10% in 2013Oil and Gas Industry Latest NewsThe oil and gas output of the major Tarim Oilfield in far-west China’s Xinjiang Uygur Autonomous Region reached 23.66 million tonnes of oil equivalent (TOE) in 2013, according to data released by the company on January 24, Xinhua has reported. The …

Safety now an oilfield priorityAlice Echo-News JournalSafety in the oilfield has become a number one priority with the boom of the Eagle Ford Shale, but that wasn’t always the case. The oilfield has always played a role in Rey Torrez’s life. The now safety director for Hebbronville Lone Star Rentals was …

Bentec GmbH drilling & oilfield systems wins major contract in AlgeriaYour Oil and Gas News (press release)Bentec is one of the world’s leading manufacturers of drilling rigs and oilfield equipment with a long history and vast experience. Bentec manufactures and delivers high-quality, cost-effective and durable drilling and oilfield systems for harsh and …

Oil Price Little Changed Near $97 a BarrelABC NewsThe price of oil inched up Monday but gains were tempered by the prospect of a further reduction in U.S. central bank stimulus. Benchmark U.S. crude for March delivery was up 8 cents at $96.72 a barrel at 0520 GMT in electronic trading on the New York …

Clare company advances oil fields technologyNova News NowA Clare company has a new machine to help companies in the oilfields out west cut costs. Clare Machine Works of Meteghan Centre has developed the world’s only portable lathe system to help oilfield companies re-machine drill pipes and connections in …

Oil Field ExplosionMyHighPlainsOfficials with the Texas County Sheriff’s Office have confirmed there’s been an explosion at an oil field in Texas County, west of Guymon on January 26. According to Sheriff Rick Caddell, a tank storage battery exploded.;. The fire’s now isolated to …Several crews battle oil field fireKFDA

Sarir oilfield attacked, power lines cutLibya HeraldThe Sarir oilfield was attacked by an armed group this evening and, during clashes with army units guarding the field, a main power line connecting the Sarir power station to a number of towns and cities was cut. Heavy weaponry was used in the attack …

Clare company advances oil fields technologyDigby CourierA Clare company has a new machine to help companies in the oilfields out west cut costs. Clare Machine Works of Meteghan Centre has developed the world’s only portable lathe system to help oilfield companies re-machine drill pipes and connections in …

This Might Be The World’s Lowest-Cost OilOilPrice.comIt’s simply getting very expensive to operate in the oil and gas business. Just ask Shell shareholders. They watched their holdings in the petro-major plunge 4% in a single day last week. After the company issued a warning that its fourth quarter …

John Wilkes Booth: Presidential assassin, fracking pioneerFacing SouthSo he and two friends formed the Dramatic Oil Co. and bought a 3.5-acre oil lease on a farm in Venango County, Pa. The company hired an experienced driller and got to work that summer, the American Oil & Gas Historical Society (AOGHS) reports: The well …

Oil: Price falls first time this week; natural gas jumpsTulsa WorldNEW YORK — The price of oil slipped a bit Friday, but still finished the week with a gain of more than 2 percent. A sell-off in global equity markets may have weighed on oil traders’ sentiments, producing the first losing day of the week. Benchmark U …

Nebraska in midst of its own oil boomOmaha World-HeraldAn oil lease in southwestern Nebraska didn’t begin yielding any oil until July 5, 2013, but production levels soared through November to account for 224,680 barrels, or about 9 percent of statewide production in all of 2012. State officials said …